Radisson Hospitality officially launches operations in Algeria
Tuesday, 07 May 2019 16:55
On May 6, 2019, Radisson Hospitality officially launched activities in Algeria by opening its first ever hotel in the country.
This launch is like a welcome gift to the Chinese Jin Jiang International. Late February 2019, the HKEX listed group announced that in partnership with SINO-CEE Fund, it finalized the acquisition of 50.2% stake in Radisson Hospitality via Aplite Holdings, an investment vehicle.
Little known by Africans, Jin Jiang International has great ambitions for Africa. In its 2018 report, it revealed that it had 53 hotels in the continent, totalling 6,432 rooms. In the H1, 2019, this figure can quickly rise.
Idriss Linge
Live News
-
Rwanda trade deficit narrows 12.5% in Q2 2025 as imports, exports fall
20:42
-
Mali rolls out new digital tools to modernize public administration
20:14
-
Orion seeks $200 mln to kickstart South Africa’s Prieska copper-zinc mine
20:00
-
BW Energy reshuffles leadership, keeps Africa core to growth strategy
19:44
-
Cabrel Dji brings digital innovation to traditional tontines in Cameroon
18:08
-
Cameroon: Sodecoton Partners Onacc to Combat Climate Change Losses
17:33
-
Norwegian Scatec Consolidates Cameroon Solar Dominance with Second CFA25 Billion Investment
16:39
-
Cameroon Navigates Inflation: 2018-2025 Economic Overview
16:12
-
CAF to launch “Yalla” app for AfCON 2025 tickets, Fan ID and e-Visa
13:14
-
Cameroon seeks study firm for CFA500 bln national fertilizer plant project
12:56
From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...
• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...
Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...
Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 202...
Even though it remains the smallest "crypto-economy" in the world, sub-Saharan Africa shows that vir...
Trade deficit down to $758.9 mln in Q2 2025 from $867.3 mln a year earlier. Exports dropped 35.6%, while imports declined 20.5%...
Local firms deliver digital solutions for transport, health, and territorial admin. Systems include biometric licenses, hospital records, and local...
Orion Minerals signs non-binding funding deal with Glencore for Prieska project. Financing of $200–250 mln planned in two stages, tied to 10-year...
Brice Morlot moves from CFO to head of operations, replacing Lin Espey. Thomas Young shifts from strategy to CFO as company targets 90,000 bpd by...
Surprisingly, only one African song made it onto Rolling Stone's list of the 500 Greatest Songs of All Time. The track is "Essence," a collaboration...
The Umhlanga Festival, also known as the “Reed Dance,” is one of the most iconic cultural events in the Kingdom of Eswatini in Southern Africa. Every...